Stacy Summary: Just noticed I haven’t posted a jibber jabber since yesterday morning . . . y’all must have loads of off topic jibber jabber and nonsense waiting to be posted?! But I will dedicate this jibber jabber to @Mike/Liverpool’s favo(u)rite topic, GBP.
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First?? Down with the pound!
I have purchased an acreage in a bay, that is in the intertidal zone. Sometimes there’s water there sometimes not. I hope the ‘global warmist’ are correct, so that I’ll have access to the ocean all the time.
hey Max,
It’s hard to take you serious, when you talk like global warming is fact and not a scam. You start sounding like a scam artist.
2nd?
I am trying to leave the north because it’s too freakin’ COLD!
@William
believing in global warming doesn’t make him a globalist or any less believable. Its likely a belief that we can’t continue to be parasites of the world.
“I believe that banking institutions are more dangerous to our liberties than standing armies” T. Jefferson – If we really want to help save the environment we have to kill the debt, kill the debt-creating central bank cartel, back the money by a resource(s): the over-consumption/production, the environmental exploitation, the wars, the poverty — all of it stop
I know I posted this on the other page but its def worth the watch –
YouTube – The Coming Collapse of the Middle Class http://bit.ly/3QNELU
Has anybody ditched share trading for forex online? What are your views? Caveats assumed, don’t worry! Seeing how successful and easy the bullion sites are, I was looking for other ways to diversify some sterling – forex just has gives me this feeling that you need to devote more of your life to it though.
Thanks for any comments.
I guess there could be a Karmaforex, we could all do a Soros and short the pound to inject a little discipline into the treasury…
Won’t be long now Mike
“ECB starts to unwind some support”
http://news.bbc.co.uk/2/hi/business/8393086.stm
@ Niko
Hi there.
Not sure if they moved from stocks, but I know heaps of people who are ‘having a go’ at Forex trading.
Joe ‘bag of dohnuts’ people.
Looks easy right?!
Yeah right.
@MiniUS
Thanks. Out of interest, what sort of demographic are these people? All different walks of life or the young, bold and naive?! And, at the risk of sounding stupid, in America?
@Joe
Thanks for the link, I didn’t catch it first time around so full marks for tenacity.
@all – I didn’t realize we had moved on, so here is my comment again.
I just got a tweet from Jeremy Scahill that he will be on Rachel Maddow tonight to discuss Erik Prick (nee Prince). This will be very interesting because Maddow did an excellent show the other night following Obama’s speech. But the one connection she missed was the JSOC connection. She kept talking about the CIA. But the CIA is passé.
Here is her critique of Obama. Her main point is that Obama has adopted the Bush Doctrine.
http://www.youtube.com/watch?v=JYj7oX88vIE
@Frank
you and Schill tweeting each other? Whats your name on there?
@Joe – No, I’m just a follower
I think I stumbled on your tweet name – JoeM…
Scahill’s tweet account is
http://twitter.com/jeremyscahill
He also has a blog, although he hasn’t been updating it lately.
http://rebelreports.com/
@frank
Scahill & Tiabbi are the few bright spots left in American MSM journalism (at least from what i know of ).
Yup thats my name on there! Maybe you should get an account. It’s a pretty good way to build up your blog and information sources (if you know who to follow) Even Obama, Bush, and ZimbabweBernanke have a name on there haha
@ Niko — are you familiar with the Mrs Watanabe phenomenon?
http://www.ft.com/cms/s/2/6c1a6eb2-fc8b-11dd-aed8-000077b07658.html
@ Frank — sure you must know this already, but Eric Prince is a CIA asset. But don’t worry, he’s quitting the game to teach high school history!
My take on the GBP & US$
http://www.youtube.com/watch?v=vuPJzzcV6jA
@ Frank — are you following the Inter Risk scandal in Pak? New arrests, including a ministerial assistant…
http://catastrophist.wordpress.com/2009/12/03/pakistan-new-arrests-in-inter-risk-dyncorp-us-state-dept-scandal/
@Tofu Charlie
No, but I soon will be. I love the name already, sounds like an obscure 80s cartoon. Anything else is going to be a bonus…
Did you have a background post for the Inter-Risk scandal? Feel like I jumped in 3 days late. No problem if not, I’ll just stop being lazy. There’s a lesson here…
Dig the banner. Respect to Cat-Tzu.
@ Niko — yeah, this is the bkground post for the Inter Risk raids:
http://wp.me/pDCN5-g5
There’s also the Peshawar “suspicious foreigners” stories, culminating in the arrest and deportation of Craig Davis / CAII (NGO – USAID funded) — followed by his immediate return (thanks to State Dept & corrupt Pak embassy in DC). Davis was said to be Blackwater. But then they say that about every white guy, esp in Peshawar… a good example is DC-intel guru Steve Cash (now private as Deck Prism) — what business does he have in Pakistan?
Some deeply disturbing shit. No MSM to be seen…
Confederado and Bolivar Banco to be part of Venezuelan public financial system
http://www.abn.info.ve/go_news5.php?articulo=210231&lee=17
”Caracas, Dec 03. ABN.- The President of the Bolivarian Republic of Venezuela Hugo Chavez announced that the financial institutions Confederado and Bolivar Banco will be rehabilitated to add them to the public financial system to consolidate the socialist model.”
European citizens wiretapped more than Turkish citizens
http://www.todayszaman.com/tz-web/news-194405-100-european-citizens-wiretapped-more-than-turkish-citizens.html
“France is the most wiretapped country in Europe….Wiretapping was made legal through laws adopted in Germany in 1968, Austria in 1974, Switzerland in 1979, the UK in 1985, Italy in 1988 and France in 1991.”
Comcast pounces for control of NBC Universal
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/12/02/financial/f142948S71.DTL&tsp=1
More media consolidation. Comcast to control NBC Universal. As usual, FCC will rubber stamp deal to placate corporate America. (Wayne Madson)
All banktransactions are now visible to the CIA (since nov 30th) all done though pressure of the US and an undemocratic process. Hurray for Europe..
There only gold and lies, watch out for the beach ball effect
Bernake is in a world of DO DO
http://demint.senate.gov/public/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=565a57c0-fe40-1b74-3bff-50ed319cb4d4&Month=12&Year=2009&Type=PressRelease
Lesson to the video he is all for transparency now.
Of course whats his idea of transparency not much I’m sure
Another corrupt government agency.
USDA Says Biotech Is Compatible with Organic
http://www.organicconsumers.org/articles/article_18764.cfm
Why does the world still lisen to little men
Why do we keep making the same mistakes
Why can’t we do something dramatic and inspiring
The west was on the cusp of greatness until the youth of 68 took the wrong path
Lets turn around this Titanic around now!
Lets resurrect Project Orion
We can do such things , if only for the sake of all the young men out there who are losing hope.
For men without hope embrace violence and destruction will follow.
http://www.youtube.com/watch?v=V1vKMTYa40A
@all – I wasn’t ignoring you guys. I was writing some talking points for Jeremy Scahill for his appearance tonight on Rachel Maddow’s show. (9PM Eastern time) Hopefully, he’ll read them, but I don’t know. I tweeted it to him.
Open letter to Jeremy Scahill
@StaceyHerbert
http://preview.tinyurl.com/ygpxa26
New York Times story on food stamp use in the country.
Now, it would be really interesting to do the same map over the last 5 years.
@ Tofu Charlie -
I am naive to intel stuff….what’s going on in Paki?
The whole country is unstable…what’s with the contractor work?
Vitter wants vote on Fed audit before Bernanke vote
http://thehill.com/blogs/blog-briefing-room/news/70559-vitter-wants-vote-on-fed-audit-before-bernanke-vote
Bernake is not getting off easy no way
France V England
http://www.dailymail.co.uk/news/article-1232495/Hands-City-Chancellor-warns-Sarkozys-EU-man.html
My reading:-
Russia/China WILL bale out Euroland, but only if its an honest game. The Casios of New York & London will NOT be allowed to play!
In Short, Bye Bye London.
Mike
@Gordo – USDA
WELL SAID!
USDA is a public disgrace.
When you have patients being diagnosed with illness related to the quality of food or water, it tells you that the water district and the food suppliers are either not in a stable economy (duh!) or unable to function.
Either way, it’s bad.
@Tofu Charlie – Thanks for the Inter-Risk info!!! (Will read more carefully in a minute.)
I have a theory about them. I think they are a CIA or JSOC front operation or something like that. I think they are running safehouses for the CIA/JSOC. It is all closely related to Jeremy’s JSOC-Blackwater revelations, IMO.
@ Joe
YouTube – The Coming Collapse of the Middle Class
Pretty damming stuff.
You can bet that the right does not want you to hear or understand that.
Almost all of the class war is due to corporate greed not tax increases as they would have us believe.
@ Spearsy
Re Peter Joseph lecture:
Setting out the NWO future for the resources, human and otherwise. Shades of H.G.Wells.
Ayn Rand– a Rothschild mistress. Get it?
Don Coxe vid link
re gold in a zero world.
http://watch.bnn.ca/#clip242426
@Y’all
I took this on my doorstep today!!!… dunno but I think this molly focker has been following me around for a couple of weeks… I’m starting to recognise it’s face!!!
http://tinyurl.com/yd24y2b
@WL
Thanks I was on BNN but it was not clear which one was COX.
Ayn Rand’s real name was
Alissa Zinovievna Rosenbaum,
a Rothschild toy.
@gordo
I agree – shocking isn’t it? Still though the debt incurred by consumers was in 3 areas – mortgages, health care costs, & i forget the other…. One of them was caused by reckless deregulation and credit expansion by the left and the federal reserve Greenspan. Health care costs could be fixed if they weren’t exempt to anti-trust laws and ect. Its a pretty screwed up system isn’t it.
“In this connection, the European Council welcomes the outcome of the G20 Pittsburgh meeting, particularly as regards the preparation of a framework for strong, sustainable and balanced growth as well as continuing work on a Charter for Sustainable Economic Activity. It also welcomes the commitment to take measures to strengthen the international financial supervisory and regulatory system, including reforming international standards for compensation and achieving a single set of high quality global accounting standards. The European Council emphasizes that, in the context of the framework for strong, sustainable and balanced growth, the IMF and the G20 will have to take fully into account the institutional economic policy set-up of the European Union and the euro area as a whole. It calls on the Council and the Commission to ensure thorough preparation by the European Union of future G20 meetings.”
http://www.europa-eu-un.org/articles/en/article_9179_en.htm
@Supergeek:
LOVE the photo!
@Tofu Charlie
You’re a gent, many thanks.
@WL … Don Coxe video
Yep .. I would tend to agree with him.
@Tofu Charlie – Here is an article from The Nation (Pakistani newspaper) about Inter-risk
PS to State Minister of Int in FIA custody
Now it would appear that these activities may be revived again and expanded to include the creation of a covert rapid intervention security force under DynCorp made up of retired Pakistani Special Services commandos. The US embassy is also seeking the release of the arrested persons of DynCorp and those linked to it, probably with the intent of having them quietly leave the country. For the security apparatus of the country, it is the importing into the country of a cache of sophisticated banned weapons without the knowledge of the country’s security officials.
Judging from this and the information you provide, this appears to be related to what Seymour Hersh was saying about a secret US plan for Pakistani nukes.
In an unstable Pakistan, can nuclear warheads be kept safe?
@Mother … 50 Predictions, what do you think?
http://www.youtube.com/watch?v=_ZO1xLUxUug&feature=sub
Nice list …
6.Alex Jones will flee the country and will be shown to ba a CIA operative
31.Sailing ships will see a resugence
36.The Comex will be abandoned as it becomes clear it is only a paper market
50.Youtube will stop operation
Pretty good and funny at times .
Well done !
@Phil:
Am I really allowed to tell Mother what I think?
Maxs grand unified theory of inflation deflation is an intellectual hedge.
It is really
CONFLATION
within a
THEFTOCRACY
@ Stella
You’re welcome to visit any time you like! We religitards don’t discard the bodies: we gnaw.
That’s what Tasmanian Devils do.
(The expression “Tasmanian Devil” is trademarked now so I hope this doesn’t infringe on someone’s rights.)
@Anythingbut green,.again and again,.
Get off the Rothschild thing for a mo’,..there are some interesting things to “learn” from anyones perspectives.
You seem to have an agenda?,.also,.; )
Goodness, Anything! A Tasmanian devil!!! Is that why I’m so ornery?
@phil – the sailing ships reference reminded me of this
Wooden ships on the water very free and easy
Easy you know the way it’s supposed to be
Silver people on the shoreline leave us be
Very free and easy
CSN – Wooden Ships
@ Phil
http://www.911conspiracy.tv/Alex_Jones_vs_William_Cooper.html
What a tangled web they weave!
Study Bill Hicks, and slowly you’ll see Alex Jones emerge. They had to take Cooper out once he realized he’d been set up with the alien thing. AJ and a few others were “lifted up” instead.
@Dedo:
What’s your agenda?
@Frances,……which one,..I have many! : )
@Frank:
Nice link!
What are your fifty predictions for 2010?
@Dedo:
Throw one out for us. Just for fun.
Where’s Dr. Dick? I have a medical concern!!!
Okay,..just the one mind you,…only one, okay!
@ Phil
Forget sailing ships for the commoners. Read Agenda 21. They are going to force everyone 30 kilometers back from the coastlines.
Where I live they have already cleared boats out of the rivers, into expensive marinas. Many piers and docks that common folks could use are being torn down at incredible expense, for the flimsiest excuses.
One of my agendas is to wrap up now,….and go to fkin’ sleep,..bye byebsyizzzzzzzzzzzzz
@ Cali Doc — hope you can find what you’re looking for here:
http://catastrophist.wordpress.com/category/pakistanafghanistan/
@ Frank — yeah, saw/linked those… and did a recent post with a bit about the negative response to the Hersh article in Pak… not his best work, especially the TV interviews he did afterwards, seeming to fuel the ridiculous “invade Pakistan” hysteria.
Inter-Risk has been around for quite a long time.. they were doing lower-level residential security / surveillance work, then diplomatic protection (Brazilian + Jap embassies.. even heard they were protecting embassies in SE Asia but haven’t followed this up)… and perhaps around the same time the State Dept (through DynCorp) turned them into something much bigger. This is separate from the police college recruiting drive — Inter Risk were recruiting all former Paki SSG (special forces)… ostensibly to do static security work for the Embassy and Peshawar Consulate… lol! Propaganda fail.
As for the “safe-houses”… I hear Wackenhut/G4S are doing some of the security at private residences in Islamabad… (overflow from the embassy)
@anythingbut
where do you live?
I miss the Ambition and the postive attitude of the 1950s – 40 years of moniterism has robbed the youth of its vigour – I can feel 1000years of darkness approaching
@ Cork Dork — (sigh)… every time a boomer starts to talk about “vigour” and “ambition” I throw up a little bit in my mouth…
@tofu charlie – You’re way ahead of me on the whole Inter-risk story. I just know there is one big US covert operation going on in Pakistan. When you put together Scahill, Hersh and Dyncorp/Inter-risk stories – it turns into a massive CIA/JSOC/Blackwater operation. It is being totally censored here in the US news. Poor Pakistan.
And I agree about the Pakistan hysteria that is being drummed up here in the US. I don’t know if you read my “open letter” to Scahill, but Maddow also did a little bit of drum beating on the Pakistan theme. How many wars can the US run at the same time? There is also the question of whether some of the terrorists attacks in Pakistan are actually CIA black ops to destabilize the country.
There’s a whole lot of crap going down in Pakistan right now. And they’re stuck because they almost went bankrupt recently. I thought China had bailed them out. But now it seems the US is giving them “aid” in exchange for going after the Taleeban.
And the whole US covert operation is not a secret in Pakistan apparently, so the average Pakistani must really hate us. What a mess.
@ Marietta
http://homepage1.nifty.com/karabina/kouYC.html
@Max
please get gore vidal!
vid Bunning hammers Bernanke today
At 11:50 calls Bernankes Fed the “CREATURE FROM JEKYLL ISLAND”
http://www.youtube.com/watch?v=AVwr-Nf0slQ
@tofu charlie – I forgot to mention that the CIA “black houses” that I was referring to are more like “black” jails or secret prisons. My gut says that Inter-Risk is involved in that.
One of my agendas is to wrap up now,….and go to fkin’ sleep,..bye byebsyizzzzzzzzzzzzz
DEDO!#@%&!!!!
@ gb
Did you know Gore Vidal is a close relative of Al Gore? There was talk early on of grooming him for the political show. That would have been interesting.
Gore Vidal is slowly sensing something’s up, but it would take him another century to really put it together.
@TofuCharlie:
What about invigored ambitions?
@ Frank — oh, “those” houses. I tend to disagree that Inter Risk would be involved in prisoner handling and interrogation. Of course, they’re accused of everything — one notable rumour is that they are manufacturing suicide vests.
And don’t forget Kestral Group, that’s the big one.
@Tofucharlie
cynicism about the human condition is not enough.
Consumer-Driven Deflation? Not Even Close
If you ask the average person to define inflation, you get this response: “Rising prices.” Similarly, the same person would likely define deflation as falling prices. But both answers are incorrect — in fact, they’re gross misrepresentations of the words, and this simple, but popular misconception is the root of every single economic problem we face today.
Rising prices do not cause inflation, nor are they inflation. On the contrary, rising prices are the result of inflation. Specifically – speaking in terms of the entire economy (as differentiated from individual goods and services) — rising prices always result from an increase in (or inflation of) the money supply – through printing currency, and/or the manipulation of interest rates by any entity controlling the money supply (like the Fed, The ECB, or whatever).
Simply put, inflation is always monetary. Likewise, pulling currency out of circulation constitutes the deflation of the money supply. Falling prices are not, in and of themselves, deflationary. Indeed, if prices are falling, but the government is printing more money, then the economic environment is properly described as inflationary.
http://seekingalpha.com/article/175885-consumer-driven-deflation-not-even-close
People are still posting thoughtful comments here, about you-know-what:
http://maxkeiser.com/2009/11/30/climate-change-denying-jibber-jabber/#comments
@ Frances — Invigored? Like, when people try to encourage you to “get ahead” in the world — or to fulfil your end of the “social contract”? I throw up even harder. The youth of today don’t need insulting pep-talks when they’ve got crystal meth, playstation and nihilism.
@wl – vid Bunning hammers Bernanke today
This will go down as a classic. The whole speech was excellent. Dodd however makes me want to puke. He is part of the inside circle and goes into this kabuki routine as if he had no idea of what was going on. He’ll be the first one to vote for Bernanke again.
It’s like the trick Barney Frank tried to pull on a health insurance public option. He said he was in favor of it, thinking it would never come to a vote and he could score some populist points. Then he voted against it and got exposed as the scum he really is. Our congress consists of a bunch of crooks.
@TofuCharlie:
No. Invigored like jumping out of a hottub in the snow. You know; reality bites.
I wouldn’t worry too much about nihilism. Survivilism always takes precedence. Here’s good old Obama telling the American people what to look forward to from their deficit-laden Fascist .gov:
“I want to be clear: While I believe the government has a critical role in creating the conditions for economic growth, ultimately true economic recovery is only going to come from the private sector,” he told his audience, which included critics as well as executives from American Airlines, Nucor Corp., Google Inc., Walt Disney Co. and Fed-Ex.
Mr. Obama told the chief executives that he wanted to know: “What’s holding back business investment and how we can increase confidence and spur hiring? And if there are things that we’re doing here in Washington that are inhibiting you, then we want to know about it.”
http://www.nytimes.com/2009/12/04/us/politics/04jobs.html?hp
Wow. How’s that for holding out both hands empty?
@all – No response from Jeremy Scahill on my open letter to him. But he must at least have clicked on the link because the counter on the tiny url I sent him went up. Rachel Maddow is starting now!!!!
Lockdowns
In Indonesia and Malaysia, when a crackdown is in the works (anti-communist, anti-Chinese, anti-that-neighbor-with-the-noisy-dog, etc.), all escape routes are cut off suddenly. That means islands are the easiest to “cleanse”. In Bali, a few decades ago, they did a spectacular job over a week or so, tidying up old vendettas. Mooring ropes of all boats were slashed one night; everyone turned their lights out. hid in their houses for a week, and waited till the vengeance killings were done. Everyone knew what was going on.
Reminds me of the Katrina op, except most folks don’t know their history so don’t know what’s coming down. Katrina was only a level III hurricane. Charles was there ahead of time, with his smart planners. Trump had his architectural plans all drawn up. After Katrina swept through, the newspapers announced that it was an anti-climax. FEMA had cut most of the communication lines, a ship offshore was jamming signals: then there was this battle between police and special forces, and the levees were blown to flood the districts to be cleansed. Aid to the people was blocked, etc.
Practice for the next phase?
@WL
I just read your excerpt not the entire article but isn’t defaults and bankruptcy’s that are destroying money supply happening much faster then money creation in the market place (i.e. banks hoarding cash) So i think its entirely possible the have deflation now then inflation soon after. Any thoughts on this?
@Y’All
I’ll be OK.. I don’t need anything… well maybe my mask… My mask and my laptop but that’s all I need… oh!..and .er my…
http://tinyurl.com/ylrbpev
@ Frances — ah now I’m with you. That sort of organic ambition, like the survival instinct — IMO is the only real kind… and (maybe it’s the adrenalyn) makes you feel alive in a way most social-climbing tv-dinner boomers could only dream of.
@ Frank — is the Maddow/Scahill talk streaming live?
@francesSnoot
You have cretins such as Obama in this world because they are occupying a political and emotional vaccum
Technological developments has atomisd people into a vortice of dispair – they feel powerless because they cannot connect with the bodypolitic – it is no longer there.
@Yes, Mr. Cork:
Remedy?
@tofu charlie – I couldn’t find a live link. I think there is one, but I couldn’t locate it.
Jeremy Scahill sent out a tweet saying he’ll be on around 9:20.
@AnythingBut:
Yes. Like Hurricane Katrina and New Orleans. Blackwater shooting unarmed hurricane victims. City sealed off. The bridge killings. The superdome travesty.
We have had it here for people of color for decades, it just isn’t reported.
@TofuCharlie:
Don’t write off ALL the baby-booms. Some had ideas:
http://en.wikipedia.org/wiki/Foxfire_books
We need to develop simple pleasures again.
But…I love cars.
@Anything:
http://www.post-gazette.com/nation/20030330codered0330p6.asp
They would not release the children to the parents. The lockdown code red happened in Dade county here. They weren’t going to release the teens to their parents, but the Hispanic mothers screamed their heads off until they finally did. But they waited an hour and a half for no reason at all.
@ Frances — you’re right. Come to think of it, a lot of the people I most admire(d) are boomers. Was just reflecting my own dumb prejudices, ’cause the boomers in my life have been rather soul-crushing and uninspiring…
@Tofu:
How the boomers failed was in failing to spend time with their children. Even now, I see teenagers that are aching for attention. The parents don’t care.
That is the big problem. Bad parenting.
Go figure: parents that leave their children in front of televisons or give them junk for food. Parents that don’t care if they read books or play outside. No controls on the little ones internet use.
A generation of overweight blob children that never climbed a tree.
Criminal.
@all – Scahill just finished his interview on Rachel Maddow. It was good because he broke the silence of the MSM over covert US operations in Pakistan. It was a little disappointing because he was only given about 6 minutes. I recorded it and will have to watch it again. I’m sure it will be available online sometime later today. Try the Rachel Maddow show website.
http://www.msnbc.msn.com/id/26315908/
Great scahill interview – “the war is in Pakistan now, theres no doubt about it”
@francessnoot
thats a tough one!
I guess people will have to express a belief that there is a nobility withen us and that some form of altruism exists.
- although the challenges are extreme
@anythingbut
There is a debate regarding climate change you may be interested in :
http://munkdebates.com/
Involves Bjorn Lomborg and Nigel Lawson, elizabeth May and George MOnbiot
The question: is global warming the most important crisis to face human kind?
audience agreed 61% before debate and only 53% after
The 200 or so “international families” sent in by the ptb Russia to run the Soviet experiment did quite a job.
http://video.google.es/videoplay?docid=3897393411603039499#
@Mr. Cork
Well, I think altruism is a choice and often a means to an end. But noble, yes that’s an aim.
@ Marietta
Thanks. Will look at it later today. Won’t have much time to play over the next few days (weeks?) but hope that people don’t put this issue on the backburner because the ptb are using AGW to bring the whole package together. It’ll make the Soviet experiment look like a tea party.
@Marietta
Thanks for the link! – 2 hrs of listening here I come
@Anything:
Wanna be my roommate at the gulag?
@Joe
IMO no, you must determine what Money and Credit actually is. SDRs, derivatives, Fed balance sheet junk, gov tax rebate programs, gov obligations, CDs demand deposits, stocks, gold, silver oil? Is it a global calculation or can we use a national one? As long as central banks can add to the supply with only a computer keystroke then deflation a temporary statistical phenomena but not real. We experience dissinflation as a slowing of the rate of inflation, that appears and feels like deflation, I know this is a controversial subject and really comes down to how things are defined. It is a relative phenomena.
We can have inflation in $ terms and deflation in gold terms, They can’t mine more faster than demand. If you treat gold as money then everything is dropping in gold terms.
The Dow in gold terms, gold rising dow getting cheaper, CHART
http://stockcharts.com/h-sc/ui?s=$INDU:$GOLD&p=D&yr=3&mn=0&dy=0&id=p08790583350
The Austrian economists define money completely differently from the Keynesians.
Now, the Gov is assuming the debt/credit on behalf of the public which has slowed. If the scheme doesn’t work then the dollar gets replaced or revalued like 1933 and boom instant inflation. Deflation gone, assets rise.
The purpose and job of the Fed is to create constant inflation (TAX), if they fail then deflation is possible, but they have no constraints whatsoever since abandoning the gold backing.
Most who disagree really are arguing over the definition of money and credit. It is complex I have flip flopped a few times.
I’m signing off and going to the land of nod……
Freedom Watch Judge Napolitano Gerald Celente Dec 2009
–
http://www.youtube.com/watch?v=2_R_ggsngVk&feature=player_embedded#
http://www.armageddononline.org/sea-level-rising-greatest-lie.html
Another leg kicked out from under the AGW stool….
@WL
thanks I agree with your assessment – thanks for the link – I read a similar article earlier today on LewRockwell.com
@ Frances Snoot
“Go figure: parents that leave their children in front of televisons or give them junk for food. Parents that don’t care if they read books or play outside. No controls on the little ones internet use.
A generation of overweight blob children that never climbed a tree.
Criminal.”
We’ve been socially engineered. It’s not their fault, or our fault.
The “criminal” parents were engineered in preparation for the next phase–licenses to have children and to be around children. They want the children. Future dome cities will segregate the generations. Children will be reared in a separate facility. And they will be genetically engineered. Most of us will think that’s a good idea.
Create the problem to provoke the reaction, then provide the solution.
Same with the environment thing. Funny, the ptb are hell-bent on destroying this planet because they really don’t respect nature at all, they want to re-engineer it, “perfect” it. Look at their record of trashing the planet and creating poverty and misery throughout. The ptb truly do belong to a death cult. And yet most of us fall for their sweet talk.
http://archive.salon.com/politics2000/feature/2000/04/26/gore/
@ Frances
“Wanna be my roommate at the gulag?”
That would be an honor indeed!
However… you are the talented one. I wouldn’t be able to rise to your expectations, methinks.
Nice Link, AnythingB!
@AnythingB:
I make good pie. We just have to steal someone’s ration cards! And I don’t know if poetry is a bonus in the shivering-one-bowl-of-soup conditions. I’m sure I’d be relying on YOU seeing as I’m as practical as a Dodo.
Here I am!
http://www.dodo.blog.br/wp-content/uploads/2007/01/modern_dodo.jpg
The Human Cost of Guantanamo
[Video] Andy Worthington has spent the past several years exposing the stories of the hundreds of men who were taken to Guantanamo prison.
@Y’all
That Mr Islam bloke don’t seem stuck up… he’s always giving talks to the kids and stuff…. he gave one round here only a couple of weeks agp… also he gave up more… erm… he had a lot of female fans when he was Cat!!!
http://www.youtube.com/watch?v=C2rDp6FnbP0
@Y’all
I prefer ….
Horace Andy – Where Do The Children Play
http://www.youtube.com/watch?v=E0PayV9mO2A
@ obstruksion
Good link. Easy to understand.
One of his most shocking discoveries was why the IPCC has been able to show sea levels rising by 2.3mm a year. Until 2003, even its own satellite-based evidence showed no upward trend. But suddenly the graph tilted upwards because the IPCC’s favoured experts had drawn on the finding of a single tide-gauge in Hong Kong harbour showing a 2.3mm rise. The entire global sea-level projection was then adjusted upwards by a “corrective factor” of 2.3mm, because, as the IPCC scientists admitted, they “needed to show a trend”.
Uh-oh, are we allowed to talk about this?
@frances snoot
I like big birds.
Your in my deams Frances.
@ Frances Snoot
In internment camps, talented people tend to do very well. I’m counting on surviving by teaching my Fellow Emitters fun steps.
We must be happy slaves, you know.
Gotta leave the desk. Darn! Catch you much later.
@Mr.Cork:
I’m only a dodo at survival, Mr. Cork. Other than that I like to envision a less stolid bird-like character for myself.
So, I’m kinda hoping that the gulag is not open for occupation any time soon.
“HISTORY NEVER REPEATS ITSELF,BUT IT DOES RHYME”-MARK TWAIN
President Jimmy Carter – “Crisis of Confidence” Speech July 15 1979
http://www.youtube.com/watch?v=1IlRVy7oZ58
President Jimmy Carter – Speech on Afghanistan Jan 4 1980
http://www.youtube.com/watch?v=u2Y4t0-_9MY&NR=1
‘Looking for Fresh Perspectives’ Obama
http://www.youtube.com/watch?v=GJHOh_FdmLs
Obama Lays Out Afghanistan Strategy
http://www.youtube.com/watch?v=tTK53AJWyWU
@frances
when we moved here it was hard for my daughter to find kids that would play outside. When she finally found one, they went on an explore in the woods and they got ticks. but i’m glad to say she and her friend still like to go in the woods.
And i learned how to remove dog ticks.
Peter Schiff on Gold Bernanke and Jobs
http://www.youtube.com/watch?v=qgpO81hVSMY
@ Frank Hope
Thanks for the Maddow link.
Ouch, still here.
@ WL
Former U.S. president Jimmy Carter was the only person in his family who did not have pancreatic cancer. His mother, father, and all of his siblings had pancreatic cancer.
Lucky Jimmy.
Jo Kennedy used to brag that two of his sons would be presidents.
Unlucky Bobby. Lucky Jimmy.
@stacy – Here’s one you and Max should use on the show.
Profiting from Piracy: Somalia’s New Stock Exchange
http://www.reuters.com/article/africaCrisis/idUSGEE5AS0EV
Oh, forgot to mention, if you don’t already know, Jimmy’s mom did a stint as Jo Kennedy’s secretary.
All in the family.
@stacy – Here is a quote from the Somalia Pirate Stock Exchange article
http://www.reuters.com/article/africaCrisis/idUSGEE5AS0EV
“Four months ago, during the monsoon rains, we decided to set up this stock exchange. We started with 15 ‘maritime companies’ and now we are hosting 72. Ten of them have so far been successful at hijacking,” Mohammed said.
“The shares are open to all and everybody can take part, whether personally at sea or on land by providing cash, weapons or useful materials … we’ve made piracy a community activity.”
@ABGA
I was too young at the time to understand how bad Carter was, but the parallels with Obama are amazing.
@wl – thanks for the link to the Afghan history videos. Looks like a good one. It will take me a little time to digest.
Hey MAX
Baltimore Jihadis is OVER FUNDED…
109%
better jack the price like you did with Kenny Boy…
Unless you plan to follow through with it, this time…
@WL – I think Jimmy Carter was duped by David Rockefeller and the Trilateral Commission. As we have seen in the years since, he is a good man.
@Frank Hope
I don’t question Carters integrity, just his ideology and policies
Whereas Obama
I question his integrity, competence and policies
both did inherit a corrupt system
First rate propaganda.
I wonder if it will work?
http://www.foxnews.com/entertainment/2009/12/01/sarah-palin-stars-heroine-new-childrens-books/
Quote from a new children’s book.
“I am trying to let all Americans know that these radicals are killing the American Dream and I want to stop them from hurting people that produce products and provide jobs,” the Palin character consoles the frustrated boys after their business is destroyed by “Marxus Obunduf” who is based on President Obama.
Only the right could come up with this.
Stacy,
I love you guys! I truly value the insights and candor you and Max provide for us every day.
Here is an interesting article I found on Huffington Post by Michael Vlahos comparing America to the Roman Empire. I found it fascinating reading and would like to pass it along. Here’s the address:
http://www.huffingtonpost.com/michael-vlahos/are-we-not-romans_b_379580.html
Once more, thank you and keep on pushing the truth!
HoHoHo! – Gore cancels personal appearance in Copenhagen
http://www.dailypaul.com/node/117810
@Dan V
Did you see that a couple of guys from the American Acadamy of Motion Pictures blahblahblah are calling for Gore’s Oscar to be recended. The bigger they are the harder they fall.
http://www.washingtontimes.com/news/2009/dec/03/gore-cancels-personal-appearance-copenhagen/
@Gordo
that Palin story is sick
@ marietta
Well, that would be “fair and balanced” for you.
yep. the usa is the war army of the new roman empire. The question is who really controls that army. Bankers, catholic church. mexican shaman.
Sen Jim Bunning Throws A “Beanball” At Ben Bernanke
http://www.youtube.com/watch?v=rka9VbPPMys&feature=player_embedded
This is from the Senator’s web site and is about 14 min long.
The term beanball refers to both a scathing rebuke of Bernanke for his actual crimes [Greenspan also] and is also a reference to the fact that the Senator was a former major league baseball pitcher who is now a member of baseball’s “Hall Of Fame.”
The Bank Job – Bethany McLean – Vanity Fair
http://www.vanityfair.com/business/features/2010/01/goldman-sachs-200101?printable=true
Article about Goldman Sachs which is both historical and current and provides info on the personalities and their motivations. Good article but a very long read, but is good context to Max’s stuff especially if you are a newbie to Wall Street.
Gold Is Likely To Correct For A While
I need to compose and and edit an explaination which I will post on the first new AM thead so it doesn’t get lost in the volume of Jibber Gabber stuff.
The reasons center around the FED’s latest gambit of using “Reverse Repurchase Agreements” to fool the markets into thinking that Quantative Easing is now over.
Not true, don’t ever believe it.
For the newbies learn about repo’s and reverse repo’s here:
http://en.wikipedia.org/wiki/Repurchase_agreement
check out Morgan Stanley Vice-Chairman Rob Kindler number plate
http://tinyurl.com/yb476w5
Yo peeps I am smelling a Dry run of a false flag
can feel it in me bones now
Now THAT’S Weird interview with David Icke (Good Interview about NWO also) http://tinyurl.com/ybwkflu
Anybody knows more sites where one can order silver other than http://www.bullion-investor.com ?
Talking about physical silver and not the kind where THEY store it (just doesnt feel secure).
Stay away from obvious targets
and crowede places
@youri….from another blog….
I have been taking an extreme interest lately in modern issues.. and I know people sometimes go a little overboard when it comes to conspiracy theories and such. I stumbled across this and it seems to fit all too well in with the H1N1 “national emergency”. Whether this has any truth to it or even it was made in good faith I feel this more than anything else violates civil liberties. I am also an engineering student and know all too well about the massive security research and investment into RFID chips.. in fact before I started any political research outside of pure academia I wrote a research paper on RFID chips. My point being is this illegal in a civil sense? I fear it may not stop at pure medical (which could help in a way), but it will lead into locational tracking in a micro-scale, as opposed to gps which to my understanding is half duplex transmissions, and the unit triangulates positions based on satellite positions in the sky.
LINKS:
http://en.wikipedia.org/wiki/VeriChip
http://shoutwire.com/vcomments/275136/O_H1N1_RFID_Implant_And_Hidden_Authorization.html (kind of outlandish)
http://www.news-medical.net/news/2007/01/08/21322.aspx
http://www.verichipcorp.com/092109.html
@dan valley The Patented RFID Ink Tattoo http://tinyurl.com/l4a7ed
@ Youri Carma
dont belive completely in David Icke but loved his disection of Princess Dianas Death . hmm errr pppffft smoke comming outta my ears
Seen it
I got awaken’d when I was working in Dell from 2007 2008 I felt like I was a Slave and was really being underpaid 9 months of it and I said Screw this
That’s when I started Googling like crazy . I told myself something here does’nt add up hmm errr hmm
know I Kinda got the picture
Even if it was truly all BS its entertaining much more than the crap that comes on MSM
But since it’s not on MSM it makes me wonder if its true
@dan valley
The plan is indeed, and I don’t doubt that for a minute, to chip us all so that the NWO haven total control over humanity.
In fact here in the Netherlands they already have a discotheque in the city of Rotterdam where you only get in when you are chipped and that’s not only to get in but also to pay. http://www.youtube.com/watch?v=WRJf1NBNvwM
U.S. Rep. Alan Grayson blasts Obama’s war strategy in Afghanistan
Rep. Grayson says the war should end
http://www.orlandosentinel.com/news/local/os-grayson-alone-opposing-war-20091202,0,3457442.story
The Swiss and Guns: Why Switzerland Has the Lowest Crime Rate in the World
http://www.youtube.com/watch?v=6nf1OgV449g&feature=player_embedded
WE ALLREADY HAVE ANTI GRAVITY!!!!!!
“NASA-UFO Hacker” McKinnon tells all (Video) http://www.youtube.com/watch?v=B4PkNPCEnJM
@ Youri Carma
Seen it
@ y’all
I guess we gotta take baby steps RODFL
I can make it fast track for you
which way oil?
http://broadcast.ino.com/education/crudeoil1203/
Gold getting KILLED this morning !!!!!!!
Mike
maxkeiser
Dec 4, 2009 at 2:06 am
Max if I am correct about the FED using reverse repurchase agreements to fool the markets [gold & inflation trade (oil in there)], then both gold and oil are in for a sizable correction. Oil maybe down to the 65 level. Technical stuff to me is only approximate.
Will post my article on reverse repurchase agreements when Stacy puts up a new thread. Here it is on zero-hedge:
http://www.zerohedge.com/article/fed-balance-sheet-declines-15-billion-after-improbable-reduction-
Chinese firm to acquire stake in Brazilian miner
http://www.commodityonline.com/commodity-stocks/Chinese-firm-to-acquire-stake-in-Brazilian-miner-2009-12-04-23524-3-1.html
MERRILL CHIT-CHAT NO LAUGHING MATTER
http://www.theage.com.au/business/cfs-retail-takes-the-knife-to-myer-store-20091204-k9b4.html
On the plus side, and as a side note — the US TSA has banned people with Apostrophes and Dashes in their name from travelling via airplane.
So from now on if you name is Fifi O’Spishack-Heleurhelon, no airplane travel for you in America!
JFK and the Unspeakable: Why He Died and Why It Matters
Review of James Douglass’ Book
by Edward Curtin
http://www.globalresearch.ca/index.php?context=va&aid=16273
A few recent recession photos:
Bankers sign
http://twitpic.com/ronmc
Recession sign in Bangalore
http://twitpic.com/rjiv9
Foodstamps – the new currency keeping stores from closing down.
http://tweetphoto.com/5673291
Recession survival tip
http://img111.yfrog.com/img111/3685/9md.jpg
A few more:
Fashion suffers from economic cuts
http://twitpic.com/rmd6b
No money for a hat?
http://twitpic.com/rvkx9
Sleeping in the bank
http://twitpic.com/rgqai